ACCOUNTING MCQs


چار آپشن میں سے کسی ایک پر کلک کرنے سے جواب موٹا ہو جاے گا


Which of the following is a control account?

  1. Capital
  2. Prepaid rent
  3. Accounts receivable
  4. Salary payable

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Which of the following product costs is both a prime cost and conversion cost?

  1. Direct labor
  2. Manufacturing overhead
  3. Indirect material
  4. All of the above

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Profit and loss account is prepared on :

  1. Specific time period of time
  2. Specific time period for capital
  3. income
  4. none

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Deposits are received by which Bank ?

  1. State Bank
  2. Commercial Bank
  3. All
  4. None

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Money in the account of account holder is called :

  1. Deposits
  2. Assets
  3. Income
  4. none

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Ledger is called :

  1. Book of original entry
  2. Book of final entry
  3. Book of compound entry
  4. None

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The most important economic feature in the economic measures pursued by Aladdin Khilji was:

  1. Market control
  2. Market
  3. Both
  4. None

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Calculate the amount of cash if: Total assets=$10,000 Total liabilities=$10,000 Total Capital=$5000

  1. $6000
  2. $10,000
  3. $5000
  4. $1000

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Tender is a ____

  1. Estimation of profit
  2. Estimation of cost
  3. Estimation of units
  4. estimation of selling price

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In June 2013 the circular debt in Pakistan was:

  1. 406 billion
  2. 206 billion
  3. 505 billion
  4. 606 billion

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